Link: NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more (Aswath Damodaran/Financial Times)

The writer, a finance professor at NYU's Stern School, discusses AI's rapidly evolving role in valuation and education.

A creation named Damodaran Bot, designed to simulate the professor's valuation expertise, was recently put to test against his students, indicating a potential shift in how financial analysis is approached.

AI combines increasing computing power and extensive data access, suggesting that jobs involving mechanical, rule-based, and objective tasks are more susceptible to automation.

Strategies against AI displacement include promoting interdisciplinary understanding and maintaining human-centric skills like creativity and complex reasoning.

Beyond mere technical skills, nurturing soft skills and engaging in critical thinking could provide a significant defense against AI in professional settings.

The professor suggests embracing regulation and building strategic defenses to mitigate AI's potential threat to job security, while also recommending a proactive approach in anticipation of AI's impact. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.